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SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Canopy Growth Corporation– CGC

Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Canopy Growth Corporation (CGC) from June 21, 2019 through November 13, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Canopy Growth Corporation investors under the federal securities laws. To join the class action, go http://pawarlawgroup.com/cases/canopy-growth-corporation/  or call Vik Pawar, Esq. Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="NEW YORK, Nov. 27, 2019 (GLOBE NEWSWIRE) — Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Canopy Growth Corporation (CGC) from June 21, 2019 through November 13, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Canopy Growth Corporation investors under the federal securities laws.
” data-reactid=”11″>NEW YORK, Nov. 27, 2019 (GLOBE NEWSWIRE) — Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Canopy Growth Corporation (CGC) from June 21, 2019 through November 13, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Canopy Growth Corporation investors under the federal securities laws.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="To join the class action, go http://pawarlawgroup.com/cases/canopy-growth-corporation/ &nbsp;or call Vik Pawar, Esq. toll-free at 888-589-9804 or email&nbsp;[email protected]&nbsp;for information on the class action.” data-reactid=”12″>To join the class action, go http://pawarlawgroup.com/cases/canopy-growth-corporation/  or call Vik Pawar, Esq. toll-free at 888-589-9804 or email [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing weak demand for its softgel and oil products; (2) as a result, the Company would be forced to take a CA$32.7 million restructuring charge due to poor sales, excessive returns, and excess inventory; and (3) due to the foregoing, defendants’ statements about Canopy’s receivables, business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 21, 2020.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

No class has been certified.  Until a class is certified, you are not represented by counsel unless you hire one.  You may hire counsel of your choice.  You may also do nothing at this time and be an absent member of the class.  Your ability to share in any future recovery is not dependent upon being a lead plaintiff. 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
——————————-” data-reactid=”16″>Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Contact:&nbsp;&nbsp;
Vik Pawar, Esq.&nbsp;&nbsp;
Pawar Law Group&nbsp;&nbsp;
20 Vesey Street, Suite 1410&nbsp;&nbsp;
New York, NY 10007&nbsp;&nbsp;
Tel: (917) 261-2277&nbsp;&nbsp;
Fax: (212) 571-0938&nbsp;&nbsp;
[email protected]&nbsp; &nbsp;” data-reactid=”17″>Contact:  
Vik Pawar, Esq.  
Pawar Law Group  
20 Vesey Street, Suite 1410  
New York, NY 10007  
Tel: (917) 261-2277  
Fax: (212) 571-0938  
[email protected]   

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